Kamadgiri Fashion Limited announced at the board meeting held on November 14, 2021 that the company approved appointment of Mr. Sunil Agrawal as an Additional Director and Independent Director on the Board of Directors of the Company and designated as Chairman of Audit Committee and Member of Nomination and Remuneration Committee. He shall hold office as an Independent Director for a period of 5 years subject to the approval of the shareholders at the next Annual General Meeting of the Company. Mr. Sunil Agrawal was a part of the founding team of two large private sector life insurance companies (ICICI Prudential life Insurance - September 2000 to Dec. 2005 - and Reliance Nippon life Insurance - Dec. 2005 to March 2018) and has been working at various levels in the corporate sector for about 20 years. Su nil was the CFO for about 9 years at Reliance Nippon life Insurance, and was the key participant in the two FDI transactions between Reliance Capital and Nippon life Insurance of Japan.